PNC Financial decreased its allowance for auto loan losses in Q4 as the lender’s portfolio grew in 2025 amid strength in the ...

December saw the most subprime consumers at least 60 days late on their monthly auto payments in recorded history amid ...

S&P Global is forecasting a drop in auto asset-backed securitization issuance, prompted by projected lower vehicle sales.

Auto lenders must remain mindful of how they use information about applicants’ immigration or citizenship status in ...

Mitsubishi Electric will sell its automotive equipment business and plans to solicit bids for the unit, people familiar with ...

Fraud exposure is expected to cost the auto finance industry 8.7% more year over year in 2026, as schemes become increasingly ...

Westlake Financial offloaded $100 million in auto subprime loans to HFC Acceptance a week after issuing its first ...

KTM Finance’s operations remain unaffected by the ongoing layoffs at KTM AG announced Jan. 13 by parent company Bajaj ...

Tricolor investors are suing Tricolor securitization trustee Wilmington Trust and its backup servicer Vervent for alleged ...

Tricolor Holdings founder Daniel Chu and former Chief Operating Officer David Goodgame pleaded not guilty to charges that they conspired to defraud lenders and investors in the bankrupt subprime auto ...

Credit performance weakened across Bank of America’s indirect and direct consumer portfolio in Q4, but growth expected in ...